How Much Can You Gift Tax Free 2024. In addition, the estate and gift tax exemption will be $13.61 million per individual for 2024 gifts and deaths, up from $12.92 million in 2023. This is the maximum amount you can gift to an individual without filing a.

In 2024, you can give gifts of up to $18,000 to as many people as you want without any tax or reporting requirements. The irs has specific rules about the taxation of gifts.